1083 Milwaukee Avenue, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 3 bath
1083 Milwaukee Avenue
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 1083 Milwaukee Avenue, Los Angeles, California 90042 reveals a Prime Investment Opportunity with a current list price of $1,395,000—significantly undercutting the $1,462,704 Fair Market Value by 4%. This valuation gap indicates a +$67,704 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1083 Milwaukee Avenue Subject | $1,395,000* List Price | 3 | 3 | 1,557 | $939 | - |
A 1711 N Avenue 53 Sold | $1,775,000 | 4 | 3 | 1,675 | $1,060 | 0.5 mi |
B 1057 Milwaukee Avenue Sold | $1,750,000 | 3 | 2 | 1,826 | $958 | 0.0 mi |
C 1813 N Avenue 53 Sold | $1,400,000 | 3 | 2 | 1,341 | $1,044 | 0.5 mi |
D 5318 Raber Street Sold | $1,287,900 | 2 | 2 | 1,442 | $893 | 0.5 mi |
E 6211 Roy Street Sold | $1,400,000 | 3 | 2 | 1,532 | $914 | 0.5 mi |
F 5252 Range View Avenue Active Under Contract | $1,599,000 List Price | 3 | 3 | 1,688 | $947 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 1921 property has undergone an extensive, high-end renovation within the last year, effectively bringing it to like-new condition. The interior features modern luxury upgrades including soaring vaulted ceilings, a gourmet chef's kitchen with a 48-inch gas range and waterfall island, and a spa-inspired primary suite with a soaking tub and separate shower. The significant price appreciation since its 2025 sale further confirms a comprehensive overhaul of all major systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Gourmet Chef's Kitchen
The kitchen features high-end upgrades including a 48-inch gas range, waterfall island countertops, and brand-new appliances, creating a premium space for entertaining.
- Prime Highland Park Location
Ideally situated to offer a balance of hillside tranquility and direct hiking trail access while remaining just steps away from the neighborhood's trendy shops and restaurants.
- Exceptional Outdoor Living
The property maximizes its hillside lot with multiple terraced levels, a hot tub, and a front porch offering sweeping views of the mountains and city lights.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-05-09. The sold price is $815,000.00.
- Challenging Hillside Topography
The terraced nature of the backyard and hillside setting may limit usable flat yard space and present accessibility challenges for some buyers.
- Premium Price per Square Foot
At 1,557 square feet for nearly $1.4M, the interior living space is relatively compact for the price point, which may deter buyers looking for more square footage.
About 1083 Milwaukee Avenue
Welcome to your Highland Park retreat where creative energy, family-friendly space, and entertainer's charm come together in one of LA's most vibrant neighborhoods. At 1083 Milwaukee Ave, you're just steps from the city's trendiest shops and top restaurants, yet tucked away in peaceful hillside tranquility.A gated driveway and secure entry offer privacy and parking for three, inviting you to relax the moment you arrive. Step onto the inviting front porch and take in sweeping views a daily reminder of why LA living is so special.Inside, soaring vaulted ceilings and an airy living room flow seamlessly into a chef's kitchen made for gatherings. Imagine hosting friends around the spacious island with waterfall countertops, prepping meals on your 48-inch gas range, and enjoying brand-new appliances that make entertaining effortless. The dining area opens to the backyard through sliding glass doors, perfectly blending indoor comfort with outdoor fun.On the main level, you'll find a stylish powder room and a serene primary suite with a spa-inspired bath soaking tub, separate shower, and a walk-in closet with a dedicated vanity. It's your personal sanctuary, whether you're getting ready for a night out or unwinding at home.Downstairs, a generous family room is ideal for movie nights, creative projects, or playdates, plus two spacious bedrooms, a full bathroom, and a laundry closet to keep life running smoothly.Step outside to your hillside oasis: gas BBQ hookups, a pet-friendly stone area, and multiple terraced levels for dining, relaxing, or soaking in the hot tub under the stars. Lush landscaping, planter boxes, and hidden nooks offer endless inspiration, while direct access to hiking trails brings adventure to your doorstep.1083 Milwaukee Ave isn't just a home it's a canvas for your next chapter. Perfect for those who crave space, love to entertain, and want to experience the very best of Highland Park living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 6,869 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,557 | 1,350 | 66% |
| Lot Size | 6,869 | 5,401 | 74% |
| Price | $1.40M | $1.23M | 70% |
| Price per sq ft | $896 | $883 | 54% |
| Built year | 1921 | 1925 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 176 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,395,000
Initial Listing
Sold
May 9, 2025
$815,000
Public Record